The nonfarm payrolls data was much stronger than expected, with both employment and wage figures blowing past expectations, making the market think the chances of a rate hike had increased again. Bitcoin sold off immediately after the data was released, dropping to around 79791 in an instant. Simply put, the market had been pricing in expectations in advance, then took profits and ran once the data was released. The previous rise was because everyone was betting that the nonfarm payrolls data would be very poor, so they pushed prices up in advance. Instead, the data turned out to be very strong, completely invalidating expectations. A large number of longs hurried to take profits and exit, sending the price crashing down. This afternoon and evening, I repeatedly advised staying out of the market before the nonfarm payrolls release. Friends in the group also followed through perfectly. All that remains is to watch the U.S. stock market open.$BTC $ETH $SOL #BTC收复8万美元

What appears to be an unremarkable low-level sideways phase often hides trading opportunities beyond expectations. $USELESS In the earlier stages, the market performed rather blandly, with a narrow price range and almost no presence among the vast number of cryptocurrencies, making it difficult to attract traders’ attention. Against the backdrop of the recent market, the corresponding Meme sector has seen an overall recovery in sentiment, while project community activity continues to rise. After undergoing a deep correction, the risk of shorting the coin has been sufficiently released, bringing its overall price to a relatively safe range. As dip-buying funds gradually entered the market, bottom support continued to strengthen, and the candlestick chart began to show a slowly rising pattern. Considering sector hotspots, capital flows, and various technical signals, a long position was opened at 0.15986. The market subsequently fluctuated upward, with the current price reaching 0.25656. This rally was an explosive move driven by sector sentiment rotation, and small-cap coins are unlikely to sustain a one-way uptrend for long. High-leverage traders must plan take-profit levels in advance and avoid greedily holding large positions for extended periods. $BTC $ETH #Gate用户突破6000万

Are the friends who got wrecked on NFP night still here? Don’t panic after suffering heavy losses! First check how much ammunition you have left, steady your mindset, and find a strategy before considering starting over. Staying alive means there’s still a chance!$XAU $BTC $ETH